Colorado Resources’ shares septuple on BC porphyry hit
VANCOUVER — When the first hole ever drilled at a property returns 333 metres grading 0.51% copper and 0.67 gram gold per tonne from surface, resource investors sit up and take notice.
Gold
Yamana’s Q1 profits plunge as costs rise
Despite producing more gold than a year ago, Toronto-based Yamana Gold (YRI-T, AUY-N) wasn’t able to buck the trend of miners posting shrinking first-quarter profits amidst dipping metal prices. Profit for the first quarter of…
Goldrock nears construction decision with positive Lindero feasibility study
VANCOUVER — With a new name, a revamped management team and now a feasibility study for its flagship Lindero gold project in Argentina, Goldrock Mines (GRM-V) is striding towards its goal of becoming a gold producer.
Aldridge de-risks Yenipazar in Turkey
A nation at the crossroads of Europe and Asia measuring about 800 by 1,600 km is punching above its weight as an emerging mining jurisdiction, with operating mines owned by Inmet Mining (IMN-T), Eldorado Gold (ELD-T, EGO-N) and Alacer Gold…
Letter to the editor: Gold stocks ‘precipitously cheap’
I read with interest Peter Besler’s article on making money on junior resource stocks (T.N.M., March 25–31/13). But I do not think his methodology applies at the present time.
Falco finds gold in Horne’s old data
Falco Pacific Resource Group (FPC-V) secured the jewel of Canada’s mining history just as markets tightened. But rather than let the conditions get it down, the company wound up proving that necessity is indeed the mother of invention…
Agnico’s steady hand in choppy waters
The downturn in the gold market may be making investors anxious, but the head of one of Canada’s most prominent gold miners, Agnico-Eagle Mines (AEM-T, AEM-N), is staying as cool as a spring breeze in Nunavut.
Riverside, Hochschild forge alliance
VANCOUVER — Vancouver-based project-generator Riverside Resources (RRI-V) is adding to its partnerships in Mexico with a $2.5-million alliance with London-based precious-metal producer Hochschild Mining (HOC-L).
Rio Alto squeezes more out of La Arena
On the back of its La Arena gold operation in Peru, Rio Alto Mining’s (RIO-T, RIO-N) is becoming a miner to be reckoned with.
Homestake tallies resource, passes project to Agnico
VANCOUVER — Homestake Resource (HSR-V) is turning the page on nine years of exploration at its Homestake Ridge gold-silver property on the Iskut-Stewart-Kitsault belt, 32 km northwest of Alice Arm, B.C. A final resource update on April 25…
Agnico-Eagle stoic as gold price tumbles
This year’s first quarter brought challenges beyond a falling gold price for Agnico-Eagle Mines (AEM-T, AEM-N), but it’s nothing that a company with a 55-year history can’t weather.
Transition Metals to acquire HTX Minerals
Geologist Scott McLean and geophysicist Keven Stevens set-up privately held HTX Minerals in late 2007 and started raising capital for the start-up exploration company in January 2008.